Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

TMTG Pulls Back from Crypto Deals Amid Market Saturation

Guavy AI Editorial Team
Instruments
CRO
Share

Trump Media and Technology Group (TMTG) is reportedly scaling back its cryptocurrency deals. The company, backed by former President Donald Trump, had previously announced partnerships with Crypto.com to build a Cronos treasury and develop a prediction market called Truth Predict.

The decision comes as the digital asset treasury market has become saturated over the past year, according to TAE's interim CEO Kevin McGurn. The market saw significant growth in 2023, with companies like Strategy adopting cryptocurrencies onto their balance sheets.

However, a slump in prices since October has hurt the stock of several companies that followed this trend. As a result, Trump Media is pulling back from two of its crypto deals, but the exchange-traded funds launched by TMTG, Yorkville Acquisition Corp., and Crypto.com will continue.

More on Crypto

Crypto just now

Ethereum Whale Awakens, Transfers $13.96M to Kraken Amid Price Volatility

Crypto 1m ago

Loaded Lions Launches Native Token $LION Amid Growing Crypto Ecosystem

Crypto 4m ago

Coldcard Exposed Its Own Security Flaws to Users Years Ago

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy